Here, $\beta = 2$ and $\delta = 700$ hours. Substituting these values into the formula, we get
\[\mu = 700 \Gamma(1 + \frac{1}{2}) = 700 \cdot \frac{1}{2} \Gamma(\frac{1}{2}) = 700 \cdot \frac{1}{2} \cdot \sqrt{\pi} \approx 620.4 \text{ hours}.\]
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